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Search Results 0 to 3 of about 4 (some duplicates have been removed)
Feb 11, 2013 6:00am PST
the debt ceiling, and it looks like spending will be cut, but not the way anybody wants it to. >> if the sequester is allowed to go on, thousands of americans in fields like national security, education or clean energy are likely to be laid off. >> i don't like the sequester, and i think that it is taking a meat aex to the government a meat ax to many of the programs and it will weaken our national defense. >> there yu go. nobody likes it. okay. but the ut cuts amts to $85 million spread out over seven months from the beginning of march to september 30th, the end of the fiscal year of 2013, and according to the white house it would take a 13% out of defense budgets and 9% on domestic spending. what is at stake? it is civilian federal agencies to chop their budget by more than 8%, and to do it, they would cut workers and programs. for example on the education front, more than 1 million students could lose title one and head start benefits. and senior meals could all be cut on top of agencies like the ads and the social security, and food stamps and veterans' benefits, and socia
FOX Business
Feb 11, 2013 1:00pm EST
down to 1 1/2 to 2% on a 10-year. fast forward 18 months we've resolved the debt ceiling issues and the fiscal cliff to boot. the ecb has done a 180 on supporting spain. the equity markets have more than fully recovered and yet bonds are still mired down to 1 1/2 to 2%. if this is year people wake up and say rates are too low for the conditions. lori:. lori: do you believe the markets are undervalued. many are near 52-week highs. many all-time highs but you still think there is value? >> we look long term people get obsessed with numbers on the s&p because that is where we peaked back in '99 and 2000. they assumed it was overvalued there because it was overvalued then. in our price matters '99 and 2000 that was 100% overvalued. that happened four times in history. every time that's happened you spend about 12 to 14 years chopping sideways. we're getting to the end of that. on that same 1550 type level we're now thinking it is 10 to 15% undervalued. why would that be? well earnings have more than doubled in that 13-year period. ashley: so where, i'm an investor. i'm getting out o
Feb 11, 2013 9:00am EST
an eye on. >> president obama seems to have pulled the republicans fangs with respect to the debt ceiling. that's probably the big risk the market was worried about. >> all night long, this is what it heard. beep, beep, beep. yes. snow plows. >> this is the opening bell on monday morning. >> just ignore the buy sell hold and bear down on what they're actually saying. if you ignore the recommendation, they do come up with a lot of good information. >> the stock has had an incredible run the last few months. i'm still bullish on this stock technically. i think it's premature to be bearish or sell shares here. >> good morning. we're live on the new york stock exchange. dow indexes all struggling to get out of the red territory. and something it has not done since the start of the year. and aol increasing its price target from 45 to 40. and blackberry says it will replace thousands of phones for its corporate managers, a big loss on the ent"enterprise" fro as home depot makes those changes. >>> and tim cook speaks of the goldman sachs tech conference tomorrow and find out if there's truth to
Search Results 0 to 3 of about 4 (some duplicates have been removed)